Sacheta Metals Ltd

AGM Details

• AGM held on 30 September 2026 at 11:00 AM at registered office; physical meeting with remote e-voting.
• Eligibility cut-off date: 23 September 2026; remote e-voting window: 27–29 September 2026.

Key Resolutions

• Approve audited financial statements for the year ended 31 March 2026 with Board and Auditor reports.
• Re-appoint director retiring by rotation (Pranav Shah).
• Regularise appointment of Statutory Auditor to fill casual vacancy.
• Appoint statutory auditors and authorize the Board to fix remuneration.

Voting Results

• Voting conducted by remote e-voting and AGM poll.
• Results to be intimated to stock exchanges and uploaded on the company website.

Director/Auditor Changes

• Director re-appointment by rotation (Pranav Shah).
• Regularisation and appointment of Statutory Auditors; remuneration to be fixed by the Board.

Sacheta Metals Ltd trading window closed from 01 October 2026 till the end of 48 hours after the declaration of Unaudited standalone financial results for the quarter and half year ending on 30 September 2026

Key details

• Target: Sacheta Metals Ltd.
• Acquirer: Eskay Aluminium Pvt Ltd; not promoter group.
• Transaction type: Acquisition of voting rights.
• Pre-transaction holding: 186,181 shares, 0.15%.
• Shares acquired: 30,281 shares (0.03%), open market.
• Post-transaction holding: 218,262 shares, 0.18%.
• Date of transaction: 15/09/2006.
• Capital context: Rs 25 crore equity capital, 12,50,00,000 shares of Rs 2.
• Diluted capital: same as equity capital (12,50,00,000 shares).

Transaction details

• Target Company: Sacheta Metals Ltd.
• Disclosing Party: ESKAY ALLUMINIUM PVT LTD; not promoter group.
• Transaction Type: Acquisition of shares carrying voting rights.
• Pre-Transaction Holding: 177,644 shares (0.14%).
• Transaction Details: 10,337 shares acquired (0.01%), equity shares, via Open Market.
• Post-Transaction Holding: 187,981 shares (0.15%).
• Date of transaction: 19126.
• Capital before: Rs 25,00,00,000; 12,50,00,000 shares.
• Capital after: Rs 25,00,00,000; 12,50,00,000 shares.
• Total diluted post-transaction capital: Rs 25,00,00,000; 12,50,00,000 shares.

Disclosure details

• Target Company is Sacheta Metals Ltd.
• Disclosing Party: Eskay Aluminium Pvt Ltd, non-promoter.
• Transaction Type: Acquisition of voting rights.
• Pre-Transaction Holding: 18,051 shares (0.13%).
• Acquired: 17,834 shares (0.01%) via Open Market.
• Post-Transaction Holding: 177,644 shares (0.14%).
• Date of Transaction: 19-Oct-1996.
• Capital context: ₹25 crore pre- and post-transaction, 12,50,00,000 equity shares.
• Total diluted capital after: ₹25 crore.

Transaction details

• Target Company: Sacheta Metals Ltd
• Disclosing Party: Eskay Alluminium Pvt Ltd, non-promoter
• Transaction Type: Acquisition of equity shares
• Pre-Transaction Holding: 132,310 shares (0.11%)
• Acquired: 27,500 shares (0.02%), Open Market, date 919196
• Post-Transaction Holding: 159,810 shares (0.13%)
• Date of Transaction: 919196
• Before share capital: Rs 25,00,00,000 in 12,50,00,000 shares
• After share capital: Rs 25,00,00,000 in 12,50,00,000 shares
• Total diluted share capital: Rs 25,00,00,000 in 12,50,00,000 shares

Acquisition details

• Target Company: Sacheta Metals Ltd.
• Disclosing Party: Eskay Aluminium Pvt Ltd (non-promoter).
• Transaction type: Acquisition of equity shares.
• Pre-Transaction holding: 131,429 shares, 0.11%.
• Transaction details: 881 shares acquired; post-holdings 132,310 shares (0.11%).
• Mode of acquisition: Open Market.
• Date of transaction: 19-Aug-2016.
• Post-transaction holding: 132,310 shares, 0.11%.
• Share capital before/after: Rs 25,00,00,000; 12,50,00,000 equity shares.
• Total diluted share capital after: Rs 25,00,00,000; 12,50,00,000 equity shares.

AGM Details

• Date/time/mode: 30 Sep 2026 at 11:00 AM; physical AGM at registered office.

Record dates & closure

• Record date: 23 Sep 2026; shares books closed 24-30 Sep 2026.

Resolutions to be voted

• Ordinary: adopt annual financial statements for year ended 31 March 2026.
• Ordinary: re-appoint Pranav Shah as director by rotation.
• Regularization of appointment of statutory auditor to fill casual vacancy; remuneration as approved by Audit Committee.
• Appointment of statutory auditors for five years and remuneration to be fixed.

Directors

• Director retiring by rotation: Pranav Shah.

Auditors

• Casual vacancy filled by Chandabhoy & Jassoobhoy; appointed 02 Sep 2026.
• Five-year appointment from this AGM to 41st AGM (2031); remuneration to be fixed.

E-voting & voting

• E-voting window: 27-29 Sep 2026; cutoff 23 Sep 2026.

Dividends

• No dividend proposed in this notice.

Other notes

• Explanatory statements attached to the notice.

Financial performance

• Revenue from operations: Rs 83.70 Cr in FY26, down from Rs 91.91 Cr.
• Net profit after tax: Rs 20.39 Cr; prior year Rs 21.03 Cr.
• EPS: Rs 0.16; prior year Rs 0.17.
• Interim dividend paid: Rs 0.05 per share; final dividend not declared.

Geography & segments

• Single segment: Aluminium products.
• Domestic revenue Rs 312,229 thousand; International Rs 518,342 thousand; Total Rs 830,571 thousand.
• Domestic share 37.59%; International 62.41% of total.

Dividends & capital

• Interim dividend paid: Rs 0.05 per share.
• Paid-up capital: Rs 25 crore; 12.5 crore shares.
• Unclaimed dividends transferred to IEPF: Rs 64,230; last date 2032.

Liquidity & leverage

• Liquidity snapshot: short-term borrowings Rs 190.96m; undrawn facilities Rs 30.34m; cash Rs 26.30m.
• Net debt/equity 0.31; current ratio 2.44.

Audits & governance

• Auditors: Murali & Venkat resigned Aug 14, 2026; Chandabhoy & Jassoobhoy appointed.
• Audit Committee met four times; independent directors met Feb 23, 2026.
• Corporate Governance certificate: unqualified; secretarial audit report attached.

Related party transactions

• All related party transactions were in ordinary course and arm's length.
• No material RPT exceeding 10% of last audited turnover.
• Key related parties include Eskay Aluminium, Parishram & Co, Ansapari Developers.

Strategic initiatives & risks

• MD&A outlines expansion into steel production and copper utensils.
• Foil distribution network to widen India-wide dealer reach.
• Real estate activity explored; Rs 90 Lakhs compensation received; project canceled.
• R&D: capital Rs 5.55 million; revenue Rs 0.255 million.
• Risks include input costs, exchange rates, regulatory changes.

Compliance & disclosures

• CSR not applicable; SEBI LODR compliance ongoing.
• Internal controls robust; no material deficiencies reported by auditors.
• Auditor's report is unqualified; no fraud reported.